You own 1,100 shares of stock in avondale corporation. you will receive a $1.50 per share dividend in one year. in two years, the company will pay a liquidating dividend of $45 per share. the required return on the company's stock is 20 percent. a. ignoring taxes, what is the current share price of your stock? (do not round intermediate calculations and round your answer to 2 decimal places, e. g., 32.16.) b. if you would rather have equal dividends in each of the next two years, how many shares would you sell in one year? (do not round intermediate calculations and round your answer to 2 decimal places, e. g., 32.16.) c. what would your cash flow be for each year for the next two years? hint: dividends will be in the form of an annuity. (do not round intermediate calculations.)

The management of a private investment club has a fund of $250,000 earmarked for investment in stocks. to arrive at an acceptable overall level of risk, the stocks that management is considering have been classified into three categories: high risk (x), medium risk (y), and low risk (z). management estimates that high risk stocks will have a rate of return of 15%/year; medium risk stocks, 10%/year; and low risk stocks, 6%/year. the amount of money invested in low risk stocks is to be twice the sum of the amount invested in stocks of the other two categories. if the investment goal is to have a rate of return of 9% on the total investment, determine how much the club should invest in each type of stock. (assume that all the money available for investment is invested.)

Kcompany estimates that overhead costs for the next year will be $4,900,000 for indirect labor and $1,000,000 for factory utilities. the company uses direct labor hours as its overhead allocation base. if 100,000 direct labor hours are planned for this next year, what is the company's plantwide overhead rate?

Amanufacturing firm is considering overhauling the existing compensation strategy. currently every front line employee who works on the assembly line earns the same hourly wage. ideally, management would like to institute a new pay system that involves pay-for-performance. which of the following recommendations is both consistent with scientific management's general emphases and generally good advice for management of this firma. the firm should adopt a differential pay system with one pay level for average performance, and a higher level for good performance. b. the firm should adopt a differential pay system, but the firm should modify it from its original design and provide many different levels of pay associated with different performance levels. c. the firm should understand worker psychology and to focus on pay as the key motivator. d. all of the abovee. none of the above